TechFlow reported, according to Coindesk, that screenshots of conversations between an employee from investment firm Arca and a representative from DAO management platform Aragon show that the Swiss entity behind Aragon, the Aragon Association, considered selling the project to an anonymous bidder in June following community governance disputes.
The screenshots are part of a 24-page investigative report by cryptocurrency trading firm Patagon Management LLC on the Aragon Association. The report also accuses the association of mismanaging its various crypto assets worth $180 million over multiple years and questions whether the organization has complied with Swiss nonprofit laws, although these allegations have not been immediately verified.
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